81-83 Grove St, Somerville, NJ 08873

Local realty services provided by:Better Homes and Gardens Real Estate Elite
81-83 Grove St,Somerville Boro, NJ 08873
$625,000
  • - Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Coming Soon
Listed by:piotr sudal
Office:exp realty, llc.
MLS#:3992773
Source:NJ_GSMLS

Price summary

  • Price:$625,000

About this home

High-Demand 8% Cap Rate Investment Opportunity Just One Block from Downtown Somerville!Perfectly positioned near Somerville's vibrant downtown and NJ Transit to NYC, this 2-family duplex is a prime opportunity for any investor or owner-occupant seeking immediate income in a high-growth market. Each unit features 2 bedrooms and 1 full bath, with separate entrances, private storage, and laundry access in the basement. Off-street parking via a private driveway, plus ample street parking, makes it tenant-friendly and low-maintenance.Walkable to shops, restaurants, bars, cafes, and the train station and just minutes from major routes this location ensures continued rental demand and long-term value.Rarely does a property in this condition, location, and price point hit the market secure a solid-performing asset in one of Somerset County's most sought-after rental corridors.

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Home facts

  • Year built:1900
  • Listing ID #:3992773
  • Added:1 day(s) ago
  • Updated:October 16, 2025 at 02:24 PM

Rooms and interior

  • Total bathrooms:2
  • Full bathrooms:2

Heating and cooling

  • Cooling:Wall A/C Unit(s)
  • Heating:Radiators - Hot Water

Structure and exterior

  • Roof:Asphalt Shingle
  • Year built:1900

Schools

  • High school:SOMERVILLE
  • Middle school:SOMERVILLE
  • Elementary school:SOMERVILLE

Utilities

  • Water:Public Water
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$625,000
  • Tax amount:$10,028 (2024)
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